How to repair a low credit score before buying a house - Home Matters Show Ep 1

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KimberlyDevries
KimberlyDevries
28 Oct 2020

Watch The Full Episode Here a https 3A 2F 2Fhomemattersshow vidiozz com 2F a When you re just establishing credit you ll need at least 2 to 3 trade lines lines of credit like - Bank credit card - A card at RC Willey s - Gas card Make just small charges on all these cards and make timely payments This will establish your credit quickly and allow you to purchase a home If you re looking to obtain an FHA loan the credit score needs to be established for about 2 years FHA requires a longer payment history than other commercial mortgage loans If you ve hit some roadblocks with your credit due to unforeseen circumstances whether this is a divorce medical issues loss of a job or any other unfortunate incident during that kind of time you ll have to suck it up Look at where your debt is at and see if bankruptcy is a likely option for you To repair your credit after bankruptcy you may take from 2 to 5 years to have seasoned credit to purchase a house Remember each credit situation requires a personalised approach and needs expert advice Website a https 3A 2F 2Fkimberlysellsut com a Facebook a https 3A 2F 2Fwww facebook com 2FHome-Matters-Show-611070969567878 a YouTube a https 3A 2F 2Fwww youtube com 2Fchannel 2FUCXqkONX4kXt0EZoYI66W5rg a

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